The Pellucid Perspective - March 2023 - 6

GOLF & GOVERNMENT
AFFAIRS
For years we have pointed out that more " recreational daylight "
during the golf season leads to higher golf participation. Is it
coincidence that the northern 1/3rd of the US generally has
50% higher golf participation rates than the lower 2/3rd?
of the Presidential pen. That would result in an average revenue
gain of over $20,000 per course - most of which show flow directly
to the bottom line.
Some of you may notice that we have not adjusted for the
Public/Private mix of golf courses. I don't mean to contradict
Jimmy Buffett's assertion that " it's 5 O'Clock somewhere " ; but
Private courses also benefit from higher late in the day revenue
opportunities. More importantly, there may be an intangible
positive impact from making DST permanent.
For years we have pointed out that more " recreational daylight "
during the golf season leads to higher golf participation.
Is it coincidence that the northern 1/3rd of the US generally
has 50% higher golf participation rates than the lower 2/3rd?
Further to the north, Canada has even higher golf participation
rates; and Sweden has as many holes per capita as Wisconsin (#1
in the US). Is there a chance that moving a significant amount of
Golf Playable Hours to " recreational daylight " will raise participation
in the southern 2/3rds of the US? We would suggest that
permanent DST will improve the odds. It will take some time
for this to show up in our golf participation data; but it would
just add to the positive impact of the DST change.
Our final comment is to encourage golf course operators to
make sure to monitor course utilization for the later hours and
adjust pricing and timing for any twilight rates you may have.
For those using dynamic pricing, these variances should start to
show up in the algorythms as utilization moves. Making sure
your pricing is right will enable you to take advantage of the
additional potential created by a switch to permanent Daylight
Savings Time. For those of you with a political bent, you might
want to contact your congressional representatives in favor of the
legislation - you might just find your " lost shaker of salt " or enjoy
" a cheeseburger in paradise. "
n
Palmilla Beach Golf Club
Port Aransas, Texas
DISCOVER
t he tr o on ap p r oa c h
Troon's collection of daily-fee, resort, private, and semi-private facilities create
memorable member and guest experiences at renowned clubs around the world. By
utilizing the professional expertise of our team and collaborating with our clients,
we reinvigorate golf courses and club communities, making them relevant, healthy,
and sustainable. To learn more, contact our Troon®
480.477.0505, or visit TheTroonApproach.com to check out our video about who we
are and why our clients partner with us.
Business Development Team at
Alex Noren
Team Troon
To learn more, contact us at 888.827.9775,
or visit TrueClubSolutions.com.
TRUECLUBSOLUTIONS.COM | 888.827.9775
6 The Pellucid PersPecTive
March 2023
https://www.troon.com/management-services/

The Pellucid Perspective - March 2023

Table of Contents for the Digital Edition of The Pellucid Perspective - March 2023

TOC
Does Permanent Daylight Savings = More Golf Industry Revenue?
Golf Will Have (some type of) Benchmarking in My Lifetime
6 Activities; Trickle of Transactions and no closures, good signs?
Feb GPH up +14%; two-month streak underway
Jan Utilization drops 10 pts, no need for alarm (yet)
Dallas at #14 looking healthy and showing momentum as PGA jewel nears opening
The Pellucid Perspective - March 2023 - TOC
The Pellucid Perspective - March 2023 - Does Permanent Daylight Savings = More Golf Industry Revenue?
The Pellucid Perspective - March 2023 - 3
The Pellucid Perspective - March 2023 - 4
The Pellucid Perspective - March 2023 - 5
The Pellucid Perspective - March 2023 - 6
The Pellucid Perspective - March 2023 - Golf Will Have (some type of) Benchmarking in My Lifetime
The Pellucid Perspective - March 2023 - 8
The Pellucid Perspective - March 2023 - 9
The Pellucid Perspective - March 2023 - 6 Activities; Trickle of Transactions and no closures, good signs?
The Pellucid Perspective - March 2023 - 11
The Pellucid Perspective - March 2023 - Feb GPH up +14%; two-month streak underway
The Pellucid Perspective - March 2023 - 13
The Pellucid Perspective - March 2023 - Jan Utilization drops 10 pts, no need for alarm (yet)
The Pellucid Perspective - March 2023 - 15
The Pellucid Perspective - March 2023 - Dallas at #14 looking healthy and showing momentum as PGA jewel nears opening
The Pellucid Perspective - March 2023 - 17
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